Multi-Family

Introducing a lucrative investment opportunity in the vibrant heart of New York City’s Central Business District (CBD), 6 E 2nd Street offers a unique multifamily asset consisting of 3 residential units within a 4-story building. Priced at $10,800,000 (or $3,600,000 per unit), this property is ideal for investors looking to acquire a prime asset in a dynamic urban environment.

Property Details:

• Address: 6 E 2nd Street, New York, NY 10003
• Sale Price: $10,800,000
• Price per Unit: $3,600,000
• Sale Type: Investment
• Property Type: 2-Star Apartments
• Location: Central Business District, New York City
• Total Units: 3
• Stories: 4
• Building Class: C
• Gross Building Area (GBA): 6,420 sq. ft.
• Typical Floor Size: 1,605 sq. ft.
• Number of Buildings: 1
• Units per Acre: 75
• Rent Type: Market

Key Features:

Prime CBD Location
Situated on E 2nd Street, this property enjoys a highly sought-after location in one of Manhattan’s bustling districts. The area boasts easy access to public transportation, diverse dining options, and cultural attractions, making it an appealing choice for residents and investors alike.

Limited Inventory with High Demand
With only 3 units available, this property presents a rare opportunity to own a multifamily asset in a competitive market. The building’s size, with a gross building area of 6,420 square feet, provides potential for rental income in a market where demand for residential units continues to rise.

Investment Potential
Listed at $10,800,000, this property represents a strong investment opportunity in an area characterized by its growth and demand for housing. The market rent type allows for flexibility in pricing, ensuring that investors can capitalize on current market trends and tenant demands.

Conclusion:
6 E 2nd Street is a prime investment opportunity for those looking to acquire a multifamily property in New York City’s competitive CBD market. With its strategic location, limited unit availability, and strong rental potential, this asset is well-positioned for successful investment and long-term value appreciation.